|4Feb 23, 6:13 PM ET

Ross Michael A. 4

4 · 20/20 Biolabs, Inc. · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

20/20 Biolabs (AIDX) Director Ross Michael Converts 31 Preferred Shares

What Happened

  • Ross Michael, a director of 20/20 Biolabs, had 31 shares of Series A-2 preferred stock automatically converted into 31 shares of common stock on February 19, 2026. The common shares were recorded as acquired at $0.00 per share (a non-cash corporate conversion), and the corresponding 31 preferred-share derivative position was cancelled/converted.

Key Details

  • Transaction date: 2026-02-19; Filing date (Form 4): 2026-02-23 (filed within the two-business-day deadline).
  • Reported entries: Acquisition of 31 common shares at $0.00 (conversion C); simultaneous disposition of 31 derivative preferred shares (derivative conversion).
  • Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
  • Footnote: The conversion was automatic upon the company’s common stock listing on the Nasdaq Capital Market; the Series A-2 preferred had no expiration date (Footnote F1).
  • No purchase/sale cash transaction occurred—this was a corporate conversion, not a market buy or sale.

Context

  • This was a shareholder-preferred-to-common conversion tied to the company’s Nasdaq listing rather than an insider buying or selling for investment reasons. Such conversions are administrative/corporate events and generally should not be interpreted as a trading signal by themselves.

Insider Transaction Report

Form 4
Period: 2026-02-19
Transactions
  • Conversion

    Common Stock

    [F1]
    2026-02-19+3131 total
  • Conversion

    Series A-2 Preferred Stock

    [F1]
    2026-02-19310 total
    Common Stock (31 underlying)
Footnotes (1)
  • [F1]On February 19, 2026, all shares of series A-2 preferred stock held by the Reporting Person were automatically converted into an equivalent number of shares of common stock upon the listing of the Issuer's common stock on the Nasdaq Capital Market. The series A-2 preferred stock had no expiration date.
Signature
/s/ Michael A. Ross|2026-02-23

Documents

1 file
  • 4
    ownership.xmlPrimary